What is MicroPets (PETS)? | MicroPets Token Explained in Under 60 Seconds
MicroPets capitalizes on the current meme coin and NFT hype with adorable NFT pets that can be traded, staked, or used in the Play-To-Earn game MicroPets Runner.
MicroPets Token (PETS) - The MicroPets ecosystem is powered by its Binance Smart Chain token $PETS. The MicroPets token is used for in-game purchases, staking rewards, and transaction fees.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
Shop Crypto Gear ▶ CDRCryptoShop.com
----
MicroPet NFTs - MicroPets tokens can be used to purchase crates to get a random meme NFT (MicroPet). Rarer MicroPets are higher value & receive better staking rewards.
Play-To-Earn (P2E) - MicroPets features a play-to-earn (P2E) game called MicroPets Runner. Players can dodge monsters and obstacles to collect coins for MicroPets rewards.
MicroPets dApp - The MicroPets dApp is where users can level up their MicroPets, access the marketplace, view their inventory, and purchase crates in the MicroPets Shop.
MicroPets Marketplace - Anyone can buy or sell pets in the MicroPets marketplace. Sellers can set their listing price in MicroPets tokens, and sell pets as individual NFTs or in a stack.
WEBSITE: https://micropets.io/
19
views
What is Amp Token (AMP)? | Amp Crypto Explained in Under 60 Seconds
AMP Token (AMP) - Amp is a universal collateral token designed to decentralize risk in financial transactions. Provides verifiable assurance for any real-world application.
Decentralized Collateral - Using Amp coin as decentralized collateral lowers verification costs and eliminates fraud during transfers. This allows for a broader use of digital assets in commerce.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
Shop Crypto Gear ▶ CDRCryptoShop.com
----
Asset-agnostic - Staking Amp crypto allows any asset transfer (digital or physical) to be guaranteed, including digital payments, fiat currency exchange, property sales, and more.
Collateral Managers (Smart Contracts) - Collateral managers are smart contracts that function like escrow accounts with customizable rules. Can be created using Amp for value transfers or escrow services in applications.
Token Partitions - Amp allows the use of predefined partition strategies that can enable special capabilities & custom collateral models. Users can stake tokens without having to transfer them to a smart contract.
Collateral as a Service - Amp token provides an extensible platform that supports a variety of use cases for collateralization. Anyone can build apps to secure transfers, enable lending, and exchange value fast.
WEBSITE: https://amptoken.org/
42
views
What is Efinity (EFI)? | Efinity Token Explained in Under 60 Seconds
Efinity is a next generation cross-chain NFT blockchain developed by Enjin, and built on Polkadot. Offers a scalable solution for token generation, transfers & purchases.
Efinity Token (EFI) - The Efinity network is powered by its paratoken $EFI. EFI is a deflationary token used for transaction fees, reward payments and liquidity.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
Efinity Parachain - The Efinity blockchain is a parachain with an independent economic framework, data, and state. Communication with other blockchains is enabled by the use of Polkadot Relay Chain validators for its consensus.
Cross-Chain Bridge - Efinity allows tokens that are created on other chains (ERC20, etc.) to be imported using a bridge. Paratokens are backward-compatible with ERC-1155 tokens.
Marketplace Tools - Efinity offers a suite of tools for creating, buying and selling tokens. This facilitates the development applications to transfer NFTs cross-chain for a wide variety of use cases.
Efinity Features - Efinity offers secure transactions, paratoken transfers, swaps, transaction fee delegation, discrete accounts with no private key, fuel tanks for transaction fees, and crafting to modify or create new tokens.
WEBSITE: https://efinity.io/
14
views
What is Moonriver (MOVR)? | Moonriver Crypto Explained in Under 60 Seconds
Moonriver is a ETH compatible, smart contract parachain on Kusama. It is a companion network to Moonbeam (Polkadot) that provides a permanently incentivized canary network. Code can be tested on Moonriver before being deployed to Moonbeam.
Moonriver Token (MOVR) - Moonriver is powered by its utility token $MOVR. Moon river crypto is used for transaction fees, supporting gas metering, incentivizing collators, and on-chain governance.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
Moonbeam Network - Moonbeam is the companion network to Moonriver. It’s a decentralized ETH-compatible smart contract platform on the Polkadot network used for the development of natively interoperable applications.
Ethereum Compatibility - SImilar to Moonbeam on Polkadot, Moon river provides an ETH compatible environment on Kusama that allows existing Solidity smart contracts to run on the network with few changes.
Interoperability - The built-in cross-blockchain networking provided by Polkadot/Kusama allows Moonriver to deliver native cross-chain integrations with other parachains connected to Kusama.
Decentralization - Moonriver provides a highly secure, permissionless, and decentralized infrastructure. It aims to maintain the decentralization standard already set by the Polkadot/Kusama Relay Chains.
WEBSITE: https://moonbeam.network/
145
views
1
comment
What is Illuvium (ILV)? | Illuvium Crypto Explained in Under 60 Seconds
Illuvium (ILV) is a blockchain-based, play-to-earn adventure game with a variety of revenue streams, collectible NFTs, and supporting DeFi applications.
Illuvium Token (ILV) - The Illuvium protocol token $ILV is used for staking, reward payments, and DAO governance. Synthetic ILV (sILV) is earned by staking and used for in-game spending power.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
Illuvium RPG Game - The Illuvium RPG game is set on a mystical planet in another galaxy. Players can explore the open-world, battle opponents, collect game items, and play to earn rewards.
Illuvials (Game Creatures) - Illuvials are a variety of wild creatures found inside the game that players can hunt and collect. Captured Illuvials are stored as NFTs in your wallet.
IlluviDEX (NFT Marketplace) - The IlluviDEX is a gas-free peer-to-peer NFT marketplace where players can freely trade game items as non-fungible tokens (NFTs).
Immutable X - By integrating with Immutable X, Illuvium provides an L2 ETH scaling solution with no gas fees and instant transactions. Players maintain custody of assets.
WEBSITE: https://www.illuvium.io/
=====
LINKS & CRYPTO STUFF
=====
Search Crypto Videos (Name or Symbol):
▶ http://cryptodefirevolution.com/
Earn Bitcoin For Purchases With A BlockFi Credit Card
▶ https://blockfi.com/?ref=0c547bbf
Get Started On Coinbase & Get $10 Worth of Free Bitcoin 📈
▶ http://bit.ly/FreeBitcoinCrypto
Get the Best Cold Storage Hardware Wallet to Safely Store Crypto 📱
▶ http://bit.ly/EllipalWallet
Free Beginners Cryptocurrency Course:
▶ https://quantum-courses.thinkific.com/courses/freecryptoclass
👕 Get Cryptocurrency T-Shirts, Hoodies & More!
▶ Shop Now: https://bit.ly/CryptoShopAmazon
36
views
1
comment
What is Secret Network (SCRT)? | Secret Network Crypto Explained in Under 60 Seconds
Secret Network (SCRT) is a permissionless blockchain with data privacy by default. Allows for the development of privacy-preserving applications for Web3.
The Secret Network Coin (SCRT) - Secret Network is powered by its native coin $SCRT. Used for transactions, fees, staking rewards, and decentralized governance of the network.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
Programmable Privacy - Applications on Secret Network can use trusted execution environments (TEEs), Secret Bridges and advanced encryption to enable new use cases for smart contracts & Dapps.
Secret Contracts - Secret Network is the first blockchain with privacy-preserving smart contracts. Supports encrypted inputs, outputs and state for enhanced data privacy protection on the blockchain.
Secret Apps - Developers can build decentralized, unstoppable Secret Apps that can utilize encrypted data without exposing the actual data. Protects sensitive financial data for Secret Finance & Secret DeFi applications.
Secret Tokens & NFTs - Secret Tokens (SNIP-20) are smart contract interactions that mint private tokens which are used across the ecosystem, such as for Secret Finance & Secret NFTs.
WEBSITE: https://scrt.network/
119
views
What is IoTeX (IOTX)? | IoTeX Crypto Explained in Under 60 Seconds
IoTeX Platform - IoTeX is a fast, secure & scalable blockchain platform that employs a modular architecture to power decentralized IoT smart devices, trusted DApps and digital assets for the new machine economy.
IoTeX Coin (IOTX) - The IoTeX network is powered by the $IOTX token. Used for network transactions, staking to earn 10%+ APY, and governance of the IoTeX blockchain.
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
The IoTeX blockchain is fast, decentralized, EVM-compatible, and powered by the Roll-DPoS Consensus Mechanism. Built from scratch (no forks) to support large-scale, decentralized IoT use cases.
Decentralized Identity (DID) - The Decentralized Identity (DID) is an on-chain identity framework that allows users or devices to own their data & identity. Identities are interoperable & standardized across the platform.
Real World Data Oracles - Real World Data Oracles provide the blockchain with access to off-chain data for use with on-chain smart contracts. IoTeX allows for verifiable real world data from trusted devices.
Secure Hardware - IoTeX incorporates trusted execution environments (TEE) to make secure hardware tamper-proof. IoTeX is already powering real devices such as blockchain powered cameras & geo devices.
WEBSITE: https://iotex.io/
49
views
What is Kadena (KDA)? | Kadena Crypto Explained in Under 60 Seconds
What is Kadena (KDA)?
The Kadena ecosystem brings blockchain technology to the real-world with a decentralized infrastructure for builders, a scalable layer-1 PoW blockchain, and safer smart contracts for fast deployment and scalability.
Kadena Coin (KDA) - The Kadena network is powered by its digital currency $KDA. Used to pay transaction fees to miners on the Kadena public chain, and also for KDA bonding (staking).
Search All Crypto Tokens (Name or Symbol) ▶ CryptoDefiRevolution.com
----
Chainweb - Chainweb is Kadena’s public blockchain, and is the first shared and scalable layer-1 PoW network. Kadena’s braided multi-chain architecture provides the PoW platform with high scalability.
Pact (Smart Contracts) - Pact is a powerful smart contract language designed to make designing safer smart contracts effortless. The Pact language can be read by non-developers, and automatically detects bugs in the code.
Chain Relay Bridge - Kadena’s Chain Relay Bridge allows decentralized transactions to be executed seamlessly across chains, and provides economic security through KDA bonding.
Partners - Kadena partners with many top platforms to provide users with unlimited development options, such as interoperability, infrastructure, and third-party integrations.
WEBSITE: https://kadena.io/
255
views
What is Mina (MINA)? | Mina Protocol Explained in Under 60 Seconds
Mina Protocol (MINA) is the world’s lightest blockchain which gives anyone with a smartphone the power to build & participate in the ecosystem. Nodes can store small proofs instead of the entire chain.
Mina Coin (MINA) - The Mina protocol is powered by is native currency $MINA. MINA Coin is used for transactions, staking and as the protocol’s utility coin.
Search All Crypto Tokens (Name or Symbol) ▶ CDRCrypto.com
The World’s Lightest Blockchain - Mina blockchain has a fixed size of 22KB1, compared to the Bitcoin blockchain with an increasing size of 300GB2. This allows for quick syncing and network verification.
End-to-End Data Privacy - Mina provides end-to-end data privacy with advanced cryptography and recursive zk-SNARKs, which provides enhanced data security and true decentralization at scale.
SNAPPS (Privacy-Enabled Apps) - Developers can build privacy-enable apps called SNAPPS that use zk-SNARKs to ensure the highest level of data privacy. Verification is performed without exposing user data.
Mina is connecting crypto to the real world with features such as SNAPPS that can privately interact with websites, permissionless web oracles for real world data, and one private internet login for secure web access.
WEBSITE: https://minaprotocol.com/
10
views
What is Star Atlas (ATLAS)? | Star Atlas Game Explained in Under 60 Seconds
Star Atlas is a online virtual gaming metaverse based in the year 2620. It combines traditional core game and blockchain mechanics to provide a unique gaming experience.
Star Atlas Token (ATLAS) - The metaverse is powered by its native in-game currency $ATLAS. Used to purchase assets, and buy in-game equipment in the form of NFTs on the NFT marketplace.
Search All Crypto Tokens (Name or Symbol) ▶ CDRCrypto.com
----
Hybrid Space Game - The Star Atlas hybrid space game features three major factions of humankind, alien races, and sentient androids. Factions compete for resources, territory & political control.
Space Economy - In-game digital assets (such as ships and other equipment) are owned by the players. Virtual earnings can be converted into real-world income through the NFT marketplace.
Galactic Marketplace - The Star Atlas NFT marketplace allows players to buy and sell all game asset types, and also post job listings for in-game tasks. Most assets are earned with in-game tasks.
DeFi Financial System - Players can also participate in DeFi activities from the in-game interface, such as lending to earn interest, automated marketing making (AMM), and yield farming.
POLIS Token - Star Atlas features a dual token system with ATLAS & POLIS. POLIS is the multifunctional governance token that allows holders to influence decisions.
WEBSITE: https://staratlas.com/
22
views
What is Bitcoin (BTC)? | Bitcoin Explained in Under 60 Seconds
Bitcoin (BTC) is a decentralized peer-to-peer payment network, and the first digital currency to implement the innovative ‘blockchain technology’ public ledger.
P2P Transactions - Bitcoin is revolutionizing the way people transact around the world. Anyone can easily make payments or exchange money without the need for a third party intermediary.
Search All Crypto Tokens (Name or Symbol) ▶ CDRCrypto.com
----
The Beginning | Genesis Block - Bitcoin was introduced in 2009 in response to bank bailouts. The Genesis block displayed the message “Jan 2009, Chancellor on brink of second bailout for banks”.
Who Created Bitcoin? - The creator of Bitcoin is an anonymous developer (or group of developers) known by the alias ‘Satoshi Nakamoto’. There are many theories, but not much is known about the mysterious Nakamoto.
World Adoption - Bitcoin is the largest cryptocurrency by market cap, and mass adoption continues to occur worldwide. Countries such as El Salvador have already made Bitcoin legal tender.
Mass Disruption - Bitcoin has paved the path for the thousands of other innovative cryptocurrencies that are now being introduced. This will not only completely change how people transact, but disrupt all industries around the world in exciting ways.
WEBSITE: https://bitcoin.org/
92
views
What is ICHI (ICHI)? | ICHI Crypto Explained in Under 60 Seconds
ICHI is the first Decentralized Monetary Authority. It enables any crypto project to control its own money in order to grow and scale.
ICHI Token (ICHI) - The ICHI platform is powered by its governance token $ICHI. Holders can vote to on features and receive ICHI token governance rewards.
Branded Dollars - Crypto projects can create and govern their own stable currencies worth exactly $1. OneTokens provide a hard peg of centralized stablecoins without sacrificing on decentralization.
Search All Crypto Tokens (Name or Symbol) ▶ https://cryptodefirevolution.com/
----
Every crypto project faces three major challenges as it grows: acquiring users, developing partners, and increasing the value of its native token. ICHI solves these problems by enabling crypto projects to create and govern their own stable currencies worth exactly $1.
These “branded” dollar equivalents — which consumers and businesses can easily trust and understand — are created using a blend of USDC and the community’s token.
Eliminate Barriers - Branded dollars makes it easy for users to understand the project’s token, which helps acquire users, develop partners, and increase native token value.
ICHI makes it easy for users to get the benefits of DeFi apps — such as instant and trustless transactions — without them having to understand the project’s token, which is a major barrier to entry for most people.
Control The Treasury - Unlike centralized stablecoins, projects also have full control over the treasury that is created through the minting of their branded dollars.
Partners - Leading cryptocurrency communities like Filecoin, 1inch, Uniswap, and many others have already used ICHI to create their own branded dollars.
The ICHI team has a bold mission to finally achieve Satoshi’s vision outlined in the Bitcoin whitepaper of creating “peer to peer electronic cash.”
WEBSITE: https://ichi.org/
155
views
1
comment
What is Step Hero (HERO)? | Step Hero NFT Explained in Under 60 Seconds
Step Hero is a lucrative NFT RPG game with DeFi ecosystem that allows players to earn profit with various monetization opportunities.
Step Hero Token (HERO) - The ecosystem is powered by the Step Hero utility token $HERO. Used to farm Points for NFT redemption & marketplace payments. ($STEP token on PancakeSwap)
Search All Crypto Tokens (Name or Symbol) ▶ https://cryptodefirevolution.com/
----
Step Hero Ecosystem - The Step Hero NFT ecosystem consists of the fantasy-themed RPG game, Heroes Farming to earn Points, and the high liquidity NFT Marketplace.
Step Hero Collectibles are a variety of rare & unique NFT collectible items that represent characters in the Step Hero RPG game. Can be collected, sold or monetized by creating artwork. Step Hero Collectibles can also be integrated into artwork and other blockchain related products.
Save The World (NFT Gaming) - Players are in a post-apocalyptic war between the Heroes and the army of Shadows. Fight against villains, buff your energy and upgrade your characters.
Hero NFT Marketplace (HNM) - The cross-chained NFT Marketplace allows users to create, sell, and buy NFTs digital content. Other features include NFT auctions & affiliate programs.
WEBSITE: https://stephero.io/
74
views
What is Zilliqa (ZIL)? | Zilliqa Coin Explained in Under 60 Seconds
Zilliqa is a public blockchain designed for scalability and speed, with the ability to process thousands of transactions per second. The native Zilliqa token (ZIL) powers the blockchain network. Used for processing transactions, executing smart contracts and staking.
▶ Search Token Name or Symbol https://cryptodefirevolution.com/
----
The Zilliqa blockchain uses a sharded architecture. This allows for scalability, increased speed, low fees, and the ability to process micro-transactions.
Enterprise Solutions - Being able to processes large volumes of transactions provides a variety of enterprise use cases, including finance, entertainment & advertising.
Scilla (Smart Contract Language) - Scilla is the smart contract language developed for Zilliqa which solves known security issues, and helps developers write secure contracts.
Zilliqa Consensus Protocol - A Practical Byzantine Fault Tolerance (PBFT) protocol is implemented within each shard. PBFT can leverage small shards and provides transaction finality with no confirmations needed.
WEBSITE: https://www.zilliqa.com/
35
views
1
comment
What is Zcash (ZEC)? | Zcash ZEC Explained in Under 60 Seconds
Zcash (ZEC) is a privacy-protecting, decentralized cryptocurrency with enhanced cryptography. Allows for transparent (public) or shielded (anonymous) transactions.
The Zcash coin (ZEC) powers the Zcash network, and is used for transactions & mining rewards. ZEC transactions are recorded on the Zcash blockchain.
▶ Search Token Name or Symbol https://cryptodefirevolution.com/
----
Transparent Transactions are similar to Bitcoin, Zcash allows for transparent transactions, which reveals the users public address. This can be traced using blockchain forensics.
Zcash is also a privacy coin that allows for shielded transactions, where all transaction data (wallet addresses) is fully encrypted, providing enhanced financial privacy to users.
Zcash’s zero-knowledge proof cryptography (zk-SNARKs) allows for anonymous transactions to be sent over a public blockchain. Addresses and amounts are not revealed.
Sapling is a Zcash network upgrade that provides enhanced performance for shielded transactions. The upgrades will help increase the adoption of Zcash shielded addresses.
WEBSITE: https://z.cash/
67
views
What is XinFin (XDC)? | XinFin XDC Explained in Under 60 Seconds
XinFin (eXchange inFinite) is a scalable smart-contract hybrid blockchain solution that provides a decentralized infrastructure for DApps, token issuances & enterprise solutions.
The network is powered by it’s fuel token XinFin Digital Contract (XDC). The XDC token is used for transaction fees, smart contract deployment and staking.
▶ Search All Tokens (Name or Symbol) https://cryptodefirevolution.com/
----
XinFin offers a hybrid blockchain architecture which allows for private network hosting, deployment of smart contracts, and the leveraging of cross-chain interoperability.
XinFin Delegated Proof of stake (XDPoS) is the consensus mechanism used by the network. Allows for 2-second transaction confirmations and low fees while maintaining security requirements.
XDPoS also enables EVM (Ethereum Virtual Machine) compatibility for the XinFin network, allowing developers to deploy Ethereum contracts with no modifications needed.
XinFin’s versatility allows enterprises to participation in the global trade market at low costs using it’s efficient smart contract & settlement capabilities. Centralized systems can be easily converted in robust decentralized networks.
WEBSITE: https://xinfin.org/
201
views
What is Yearn Finance (YFI)? | Yearn Finance Explained in Under 60 Seconds
The Yearn Finance Network (YFI) is a suite of DeFi products that provide lending aggregation, yield generation, & insurance on the ETH blockchain. Core products in the suite include: Vaults, Earn, Zap & Cover. The Yearn.Finance Token (YFI) is the governance token for the Yearn platform. Only 30,000 minted and already fully distributed.
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
yVAULTS are a passive investing strategy where capital pools automatically generate yield, and shift capital based on current market opportunities.
With EARN, users can deposit to lending aggregator smart contracts were funds are automatically shifted between dYdX, AAVE & COMP to obtain the highest interest rates.
ZAP allows users to swap (Zap} between supported stablecoins and several liquidity pools on Curve.Finance.
yINSURE (also known as COVER) is insurance that covers users against financial loss for various smart contracts and/or protocols on the Ethereum blockchain.
WEBSITE: https://yearn.finance/
67
views
What is WISE Token (WISE)? | WISE Token Explained in Under 60 Seconds
WISE is designed to be the most decentralized and secure store of value in crypto, making it the star candidate for long term investments. Wise Token (WISE) is an Ethereum backed token that can be staked to earn interest. A pool of ETH on Uniswap backs all WISE holders, who may choose to cash out at any time.
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
WISE token holders also earn staking rewards. Like bonds, certificates of deposit, and time deposit bank accounts, longer stakes provide higher yields. A steady rate of 4% annual inflation is used to create the interest pool.
With ownerless liquidity, all of WISE’s massive liquidity pool is locked, which can be verified by confirming the amount of liquidity token are in a 0x0 burn address.
Rising Price Floor - The value of WISE's Ether pool grows as investors and traders buy and sell WISE from Uniswap. Fees stay in the pool.
Market Downtrends - In a bear market, investors earn more WISE tokens for staking. Investors realize a profit from the interest they earned during the downtrend as the market recovers.
WEBSITE: https://wisetoken.net/
53
views
What is Wrapped Bitcoin (WBTC)? | Wrapped Bitcoin Explained in Under 60 Seconds
Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that represents Bitcoin on the Ethereum blockchain. The Wrapped Bitcoin Token (WBTC) is an ERC20 token that tracks the value of Bitcoin, and the first ERC20 token backed 1:1 with Bitcoin.
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
WBTC can be fully integrated into the Ethereum ecosystem of decentralized finance (DeFi) applications. Being on the Ethereum blockchain, WBTC has much faster transaction times compared to actual Bitcoins.
Wrapped Bitcoin (WBTC) standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin and making it easier to write smart contracts that integrate Bitcoin transfers.
DECENTRALIZED APPLICATIONS
DAPPs can now leverage Bitcoin payments in smart contracts for lending protocols, funds, token sales & more.
PROOF OF RESERVE
Bitcoin reserves are verified through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens & Bitcoin stored by custodians.
RECEIVING
To receive WBTC, a user requests tokens from a merchant. The merchant then performs the required KYC / AML procedures and verifies the user’s identity. Once this is completed, the user and merchant execute their swap, with Bitcoin from the user transferring to the merchant, and WBTC from the merchant transferring to the user.
MINTING
Minting refers to the process of creating new wrapped tokens. Minting in the wrapped framework is initiated by a merchant and performed by a custodian.
BURNING
Burning is the action of redeeming Bitcoin for WBTC tokens, and only merchant addresses can do this. The amount to be ‘burnt’ is deducted from the merchant’s WBTC balance (on chain) and the supply of WBTC is then reduced.
TRADING
Limited to ERC20 tokens, decentralized exchanges suffer from low trading volume and liquidity. With Wrapped BTC, users experience increased liquidity and participation. The Ethereum network processes transactions faster than the Bitcoin network, but Bitcoin holders don’t have to wait anymore. With WBTC, moving Bitcoin between exchanges is much faster.
WEBSITE: https://wbtc.network/
24
views
What is WAX (WAXP)? | WAXP Coin Explained in Under 60 Seconds
The Worldwide Asset eXchange (WAX) is a decentralized blockchain platform providing users with tools to create, trade & sell digital goods (NFTs). The WAX Token (WAXP) powers the platform. Holders earn rewards in the form of ETH tokens (WAXE) and Governance Tokens (WAXG).
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
With the WAX Developer Hive, users can access the WAX Blockchain Developer Hive to build dApps, games, marketplaces, NFTs and other digital goods.
WAX ExpressTrade uses the ‘WAX-On’ blockchain microservice to generate, mint & store non-fungible tokens (NFTs).
WAX Marketplace - As an all-in-one blockchain platform for digital goods, users can access the NFT marketplace, play games, upgrade dApps & more.
WAX users can buy / stake tokens, interact with dApps, store NFTs and participate in the DeFi ecosystem all from the WAX Cloud Wallet.
WEBSITE: https://on.wax.io/wax-io/
17
views
What is Wanchain (WAN)? | Wanchain Crypto Explained in Under 60 Seconds
Wanchain (WAN) is a blockchain interoperability infrastructure that connects and exchanges data between blockchains for financial applications. The Wanchain token (WAN) is the native ERC-20 token of the platform. Used for value storage, transactions, and on-chain governance.
▶ Search Token Name or Symbol https://cryptodefirevolution.com/
----
Wanchain provides a platform for developers to build financial applications across multiple blockchains, such as cross-chain DEX’s and DApps.
As a decentralized platform, Wanchain manages accounts autonomously, eliminating third-party involvement during transactions.
The protocol acts as a distributed ledger that records both cross-chain & intra-chain transactions. Allows for the interoperability of multiple chains.
The Wanchain wallet allows WAN holders to store and manage their tokens and other digital assets. Also supports cross-chain transactions and PoS staking.
WEBSITE: https://www.wanchain.org/
4
views
What is Voyager Token (VGX)? | Voyager Token VGX Explained in Under 60 Seconds
The Voyager Ecosystem allows users to access 60+ crypto assets, asset derived revenue, and connects to multiple exchanges for better trade execution.
Voyager Token VGX 2.0 is the native token of the Voyager ecosystem. Used for staking, generating interest, reward payments and other exclusive services..
▶ Search All Tokens (Name or Symbol) https://cryptodefirevolution.com
----
The Voyager App allows users to easily interact with the ecosystem. Access top crypto assets, earn interest, and exchange with commission-free trading.
Smart Order Routing technology allows Voyager to connect to multiple exchanges, liquidity providers, and market makers to find the best exchange rates.
Voyager Interest Program allows users to earn up to 12% APR on stablecoins and 30+ crypto assets by simply holding the assets in the Voyager app.
Voyager partners include top companies in the cryptocurrency, finance & technology sectors, such as Coinbase, Google, Ledger & many others.
Voyager is a regulated and audited system, featuring advanced fraud protection technology, and FDIC Insurance on USD held on the Voyager platform.
WEBSITE: https://www.investvoyager.com/
29
views
What is VeChain (VET)? | VeChain Crypto Explained in Under 60 Seconds
The VeChain Platform is a blockchain-powered platform aiming to use decentralization & innovative technology to provide mass adoption of blockchain solutions for businesses. The VeChain Token (VET) is used for transactions & other activities on VeChain. A ‘proof-of-stake’ token that also allows holders to generate VeThor tokens (VTHO).
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
VeThor (VTHO) functions as a “gas token” that provides fee payments. The dual-token system helps to prevent fee fluctuations & network congestion.
VeChainThor is VeChain’s public blockchain which provides a sustainable & scalable blockchain ecosystem for business users & developers.
VeChainThor expands on essential building blocks of Ethereum, allowing the creation of large-scale commercial decentralized apps (dAPPs) on the blockchain.
VeChain ToolChain is the BaaS (“Blockchain-as-a-Service”) platform running on the VeChainThor blockchain that makes blockchain integration frictionless for enterprises.
WEBSITE: https://www.vechain.org/
12
views
What is Unizen (ZCX)? | Unizen ZCX Explained in Under 60 Seconds
Unizen ZCX is a Smart Exchange Ecosystem that combines the advantages of both centralized and decentralized exchanges to enable hybrid liquidity.
The Unizen native utility token ZCX powers the ecosystem. Used for multi-asset staking, trading fees, governance and ZenX access.
▶ Search Token Name or Symbol https://cryptodefirevolution.com/
----
Unizen’s CeDeFi architecture enables cross-chain agnostic trade alternatives, and allows users to find the best trade based on liquidity, KYC requirements & more.
Deep Hybrid Liquidity - High liquidity is provided by shared trading liquidity with centralized Binance, or through decentralized, network-agnostic, cross-chain liquidity.
Dynamic Multi-Asset Staking (DMAS) allow ZCX stakers to receive a multitude of different tokens as reward, which are automatically distributed via the smart contract.
The ZenX Labs Incubator allows stakers to obtain shares of exclusive sales (such as seed sales or IDOs) based on their share of the TVL (total value locked).
WEBSITE: https://unizen.io/
11
views
What is UMA (UMA)? | UMA Crypto Explained in Under 60 Seconds
What is UMA (UMA)? Universal Market Access (UMA) is a protocol for the creation of synthetic assets and financial contracts on the blockchain. The Universal Market Access (UMA) Protocol is powered by the Ethereum token UMA.
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
----
DeFi developers can build synthetic assets (collateral-backed tokens), allowing the digitization of real-world financial derivatives.
UMA uses Priceless DeFi Contracts, which are designed with mechanisms to incentivize proper collateralization of positions without requiring any on-chain price feed.
Optimistic Oracle is the “Data Verification Mechanism” (DVM) is used to resolve disputes of liquidations & settle synthetic token contracts upon expiration.
Why Use UMA?
- Quickly create synthetic assets with priceless contract templates.
- Create tokens that track the price of anything.
- Economic guarantees ensure your contract cannot be manipulated.
- Increase security and reduce costs with minimal on-chain transactions.
WEBSITE: https://umaproject.org/
59
views